This document discusses artificial intelligence and machine learning. It explains how AI can efficiently process large amounts of data and complete repetitive tasks. Examples are given of current AI applications like automated advisors, image recognition, and self-driving cars. The basic premise of AI is that human brains plus big data does not work well, while AI can learn from past trends and large datasets to make predictions and handle routine work. Blockchain technology is also discussed, and how it is well-suited for record keeping, security, and enforcing digital contracts via smart contracts. The document advocates combining blockchain and AI for their complementary strengths.
3. Machine Intelligence
Processing Capacity
Efficient Algorithms (Tools)
Power without utility = useless!
Algorithms without power = useless!
AI revolution = Convergence of Power +
Algorithms
Image Credit: Flickr.com
10. AI: Basic Premise
Human brains + BIG data = BIG fail
We work on processed results, intuitions and emotions to make
decisions
AI = learn from past trends to predict future events
AI = learn from large datasets to complete repititive tasks
AI = dynamic decision making to handle unexpected
situations
Today: Maximum impact on people performing
repititive tasks
12. Blockchain
Good for immutable record keeping
Good for security & identity (zero knowledge proofs, quantun
resistant encryption)
Good for enforcing contracts on digital assets
Bad for complex tasks!
Bad for high transaction speeds (as of now)
13. F U L LY D E C E N T R A L I Z E D
( D A O , P 2 P, D E X )
PA R T I A L LY D E C E N T R A L I S E D
( U b e r, A i r b n b )
PA R T I A L LY D E C E N T R A L I Z E D ,
D I S T R I B U T E D
( E n t e r p r i s e B l o c k c h a i n s )
F U L LY C E N T R A L I S E D
( I n s u r a n c e , B a n k i n g )
- What is consensus (demo of race to raise their hands)
- PoW, PoA (college principal), PoI (how can you determine that someone is really interested in something, say studies or sports?)
- What is consensus (demo of race to raise their hands)
- PoW, PoA (college principal), PoI (how can you determine that someone is really interested in something, say studies or sports?)